Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar - 2022
Contents:
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar (CIF) - 2022
- Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar (CIF) - 2022
The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $240,296 per unit in 2022, surging by 4.2% against the previous year. Over the period under review, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 51%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.8% per year.
Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar
In 2022, approx. 1 units of rail locomotives and locomotive tenders; other than diesel-electric powereds were imported into Myanmar; standing approx. at the year before. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds contracted rapidly to $325 in 2022. In general, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 490% against the previous year. As a result, imports reached the peak of $11K, and then contracted remarkably in the following year.
| Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | N/A | 0.5 | 0.3 | -40.0% | |
| United States | N/A | 5.4 | N/A | 0% | |
| India | 1.9 | N/A | N/A | 0% | |
| Taiwan (Chinese) | N/A | 1.2 | N/A | 0% | |
| Turkey | N/A | 3.9 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.9 | 10.9 | 0.3 | -60.3% | |
Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Myanmar in 2022:
- China (1.0 units)
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